Technical
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Property profile

8629 University Pkwy Ferry Pass, FL 32514

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel, identified by APN 14-1S-30-5403-000-001, is offered at $599,000. Located in Ferry Pass, Pensacola, Florida (zip code 32514), this fee simple property boasts a prime location at 8629 University Parkway. The site offers excellent visibility and accessibility, with 123 feet of frontage on University Parkway and an additional 176 feet of frontage on Governor's Drive, providing ample space for development. Zoned COM/HC-LI, this property is perfectly suited for a variety of commercial uses, including professional or medical offices. Its strategic location offers convenient access to the University of West Florida (UWF), West Florida Hospital, Baptist Hospital, and major retail establishments such as Publix, Target, and Kohl's. The property consists of two combined parcels, presenting a unique opportunity for significant commercial development in a high-traffic area with strong demographics and established infrastructure. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Pensacola location.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8629 University Pkwy Ferry Pass, FL 32514
Ferry Pass metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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